What does it mean that Elon Musk bought $10,000,000 worth of Tesla stock today?

https://www.bloomberg.com/news/articles/2018-05-07/musk-buys-9-85-million-in-tesla-shares-after-taunting-shorts

It's awesome that he's putting his money where his mouth is. Could he actually buy a significant amount of TSLA, i.e. "corner the market" and cause a short squeeze on his own?

Submitted May 07, 2018 at 08:25PM by shartonhills https://ift.tt/2rtvfqU